The outstanding debts of the general consolidated budget increased by 8.83%, in November 2023, compared to the previous month, to 326.63 million RON, from 300.13 million RON in October, according to the data published on the website of the Ministry of Finance.Arrears over 90 days increased by 7.17%, from 103.2 million RON to 110.6 million RON, those over 120 days increased by 12.5%, from 138.5 million RON, in October 2023, to 155.9 million RON in November 2023. Arrears over 360 days increased by 2.9%, from 58.5 million RON to 60.2 million RON.According to the ministry's data, with regard to local budgets, outstanding debts increased by 9.6%, from 277.96 million RON (in October 2023) to 304.86 million RON (in November 2023).Debts over 90 days increased by 9.63%, to 107 million RON, those over 120 days increased by 12.4%, to 147.7 million RON, while arrears of more than 360 days increased by 2.65%, up to 50.2 million RON.In the "State and autonomous budget" chapter, arrears decreased from 22.17 million RON in October 2023 to 21.78 million RON in November 2023 (-1.76%).Outstanding debts over 90 days decreased by 34.55%, to 3.6 million RON, those over 120 days increased by 17.14%, to 8.2 million RON, and those over 360 of days increased by 4.16%, to 10 million RON.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
